📊ETHUSDT 4H Market Update
• Trend: Bullish
• SMA (20): 2104.151
• Support: 1884.2
• Resistance: 2381.52
• Current Price: 2343.72
📈Strategy:
Price is trading in a premium zone above the 20 SMA, signaling institutional distribution. The 4H swing high at 2336.82 has already been broken, but the reaction at resistance 2381.52 will determine if a short is viable. A rejection from this level with a drop below 2273.4 could trigger a short targeting 2449.19 with a 1:1.5 R:R. Maintain caution on new longs until a clean retest of support holds.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇
• Trend: Bullish
• SMA (20): 2104.151
• Support: 1884.2
• Resistance: 2381.52
• Current Price: 2343.72
📈Strategy:
Price is trading in a premium zone above the 20 SMA, signaling institutional distribution. The 4H swing high at 2336.82 has already been broken, but the reaction at resistance 2381.52 will determine if a short is viable. A rejection from this level with a drop below 2273.4 could trigger a short targeting 2449.19 with a 1:1.5 R:R. Maintain caution on new longs until a clean retest of support holds.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇